SNC Net(SH:605398)2025-01-16 08:31Financial Performance - The company expects a net profit attributable to shareholders for 2024 to be between 18 million and 23 million CNY, representing a decrease of 36.56 million to 41.56 million CNY compared to the previous year, a year-on-year decline of 61.39% to 69.78%[3] - The expected net profit after deducting non-recurring gains and losses for 2024 is projected to be between 13 million and 18 million CNY, down by 37.72 million to 42.72 million CNY from the previous year, reflecting a decrease of 67.70% to 76.67%[4] - In 2023, the company's total profit was 61.48 million CNY, with a net profit attributable to shareholders of 59.56 million CNY, and a net profit after deducting non-recurring gains and losses of 55.72 million CNY[6] Business Challenges - The decline in net profit for 2024 is primarily due to a structural transition in client business systems, shifting from foreign brands to domestic innovation products, impacting sales revenue from non-innovation products[6] - The company has adjusted its service business revenue and profit levels due to changes in client IT operations service demand and budget constraints[6] - The company is facing delays in revenue and gross profit realization due to stricter compliance management systems in state-owned enterprises affecting project delivery timelines[6] Strategic Initiatives - The company is increasing investment in R&D projects such as the AI operations model intelligent platform and the domestic innovation database cloud management platform to enhance business efficiency and product intelligence[7] Forecast Accuracy - The performance forecast data is preliminary and has not yet been audited by the annual auditing firm, with no significant uncertainties affecting the accuracy of the forecast identified so far[8]